Brexit watch

Started by Nick, October 20, 2016, 18:02:39 pm

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Slim

Quote from: Nick on April 20, 2017, 20:27:46 pm
That's nice to know, https://www.theguardian.com/politics/2017/apr/20/european-parliament-will-welcome-britain-back-if-voters-veto-brexit


I somehow doubt that any of the parties will have a return to EU membership in its manifesto - well possibly the Greens, but even the Lib Dims are paying lip service to the referendum result at the moment, albeit not in its proper spirit.

DavidL

Quote from: Nick on April 20, 2017, 20:27:46 pm
That's nice to know, https://www.theguardian.com/politics/2017/apr/20/european-parliament-will-welcome-britain-back-if-voters-veto-brexit
I see the Guardian is still holding out the begging bowl. It might be more successful if it told readers something they don't already know.

Matt2112

Quote from: DavidL on April 21, 2017, 00:15:38 am
I see the Guardian is still holding out the begging bowl. It might be more successful if it told readers something they don't already know.


Yes.  And some balance to the relentless turd-deluge of regressive hand-wringing.
The keys to happiness

döm

John Redwood - dictionary definition of deluded (or clueless perhaps his name has a double meaning)


Check out @johnredwood's Tweet: https://twitter.com/johnredwood/status/855363138820206592?s=09
You can check out any time you like but you can never leave!

Slim

What's the "deluded" aspect,exactly, Dom? You seem to be saying that either:

1. You have to buy German or French cars, or that

2. There is not a good range of prices, models, specifications and/or prices from UK car factories.

Which of the above? Or both?

Slim

This is the preceding tweet, and the context in which the tweet that Dom has linked for us is intended:



It's an excellent and rather apt point, isn't it?

Bisto

April 21, 2017, 16:46:04 pm #1011 Last Edit: April 21, 2017, 16:57:53 pm by Bisto
https://mobile.twitter.com/brexit_sham/status/855373381860044800/photo/1


As repeatedly asked by Redwood's followers on Twitter; How many UK based and owned car manufacturers produce and assemble cars (in the UK) built with UK parts?
And Im not talking about hand built roadsters or high end sports cars

No good deed goes unpunished!

No amount of anxiety can change the future. No amount of regret can change the past.

döm

Quote from: Slim on April 21, 2017, 14:16:44 pm
This is the preceding tweet, and the context in which the tweet that Dom has linked for us is intended:



It's an excellent and rather apt point, isn't it?



To answer that point in isolation the foolish party here was the UK in choosing to leave the EU  and it's government in interpreting the vote as meaning the country had to leave the single market and the Customs union.


But Bisto answered the other part to this.  The fact that the UK car industry is so dependent on European manufacturers for parts and that WTO tariffs would cripple the way that industry works at the moment
You can check out any time you like but you can never leave!

döm

from the FT


https://www.ft.com/content/c397f174-9205-11e6-a72e-b428cb934b78

Before the new Bentley SUV purrs away from the showroom, its bumper will have already travelled 2,200 miles, crossing the English Channel three times. The luxury carmaker is owned by Volkswagen but based in Crewe in northern England, where VW invested heavily to upgrade a factory that dates from the second world war. But while the final assembly of each Bentley remains in Britain, the components that make up the cars are drawn from across the world and often zigzag back and forth between factories in the UK and the continent before arriving at Crewe. That leaves Bentley's supply chain, in common with that of almost every other car manufacturer in Britain, at risk of being hit by tariffs if Britain leaves the European single market. Bumpers for some Bentley Bentaygas, for example, are made in Europe but then sent to Crewe for inspection before then going to Germany for specialist painting. After that, they return to the UK for final assembly.






You can check out any time you like but you can never leave!

NeilP


döm

Quote from: NeilP on April 22, 2017, 12:28:30 pm
More flip flop from the Donald

http://www.independent.co.uk/news/uk/politics/donald-trump-britain-back-queue-trade-deal-eu-angela-merkel-brexit-a7696376.html



Not a big surprise really considering the relative size of the economies. Common sense seems to work even  for Trump sometimes.
You can check out any time you like but you can never leave!

döm

You can check out any time you like but you can never leave!

Slim

Quote from: Bisto on April 21, 2017, 16:46:04 pm
https://mobile.twitter.com/brexit_sham/status/855373381860044800/photo/1


As repeatedly asked by Redwood's followers on Twitter; How many UK based and owned car manufacturers produce and assemble cars (in the UK) built with UK parts?
And Im not talking about hand built roadsters or high end sports cars


Yes, but John Redwood didn't refer to "UK-owned" manufacturers. The point that some parts are imported from abroad is a fair one, but the greatest part of the profit comes from the finished vehicle, reflecting the work and design, not this or that length of brake pipe or gearstick knob. In any case no UK-based manufacturer is dependent on Europe for these things. Steel can be imported from China, for example, as increasingly, it often is.

If it's no longer viable to send a Bentley to Germany for heat-treatment, they'll do it somewhere else! Perhaps even here, creating British jobs.

Redwood's point was widely misinterpreted of course, as the Left are prone to do.  He wasn't saying that everyone should go without European goods, just pointing out that they are in competition with UK-based goods in our domestic market.

Bez

Lower than forecast growth figures today, fuelled by the rise in inflation and inverse rise in wage growth casing consumer unease...

At least the pound is making up some ground against the dollar
RC1.1 abd g/n 11/0/bcd/tG PeW/- ~600 x 0 61%

Slim

Noticed this tweet earlier today:



Suggesting that it's possibly not really bad news? Honestly not sure myself.